Telia Company AB (FRA:TLSG) Shiller PE Ratio: 196.25 (As of Sep. 06, 2026) — 923% Above Median

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FRA:TLSG Telia Company AB FRA:TLSG
73 GF Score
Price €7.85
GF Value €5.93
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Telia Company AB Shiller PE Ratio?

Telia Company AB FRA:TLSG +1.29% 73 Shiller PE Ratio is 196.25 as of Sep. 06, 2026, which is 923% above its 10-year median of 19.19. GuruFocus rates FRA:TLSG with a GF Score™ of 73/100 and a GF Value™ of €5.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 218 Telecommunication Services companies, Telia Company AB ranks worse than 99.08% on this metric.

As of today (2026-09-06), Telia Company AB's current share price is €7.85. Telia Company AB's E10 for the quarter that ended in Jun. 2026 was €0.04. Telia Company AB's Shiller PE Ratio for today is 196.25.

The historical rank and industry rank for Telia Company AB's Shiller PE Ratio or its related term are showing as below:

FRA:TLSG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.82   Med: 19.19   Max: 258.4
Current: 208.95

During the past years, Telia Company AB's highest Shiller PE Ratio was 258.40. The lowest was 9.82. And the median was 19.19.

FRA:TLSG's Shiller PE Ratio is ranked worse than
99.08% of 218 companies
in the Telecommunication Services industry
Industry Median: 17.115 vs FRA:TLSG: 208.95

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Telia Company AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.104. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telia Company AB  (FRA:TLSG) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Telia Company AB Shiller PE Ratio Related Terms


Telia Company AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Telia Company AB's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telia Company AB Shiller PE Ratio Chart

Telia Company AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.56 24.27 36.71 69.34 145.44

Telia Company AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.17 170.27 145.44 243.92 222.32

FRA:TLSG vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Telia Company AB's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telia Company AB Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telia Company AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Telia Company AB's Shiller PE Ratio falls into.


FRA:TLSG
73GF Score
Telia Company AB FRA:TLSG
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telia Company AB Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Telia Company AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.85/0.04
=196.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telia Company AB's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Telia Company AB's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.104/134.6100*134.6100
=0.104

Current CPI (Jun. 2026) = 134.6100.

Telia Company AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.424 101.138 -0.564
201612 0.348 102.022 0.459
201703 0.334 102.022 0.441
201706 -0.014 102.752 -0.018
201709 0.111 103.279 0.145
201712 0.036 103.793 0.047
201803 -0.031 103.962 -0.040
201806 0.097 104.875 0.125
201809 0.127 105.679 0.162
201812 -0.049 105.912 -0.062
201903 0.082 105.886 0.104
201906 0.071 106.742 0.090
201909 0.107 107.214 0.134
201912 0.061 107.766 0.076
202003 0.050 106.563 0.063
202006 -0.095 107.498 -0.119
202009 0.119 107.635 0.149
202012 -1.181 108.296 -1.468
202103 0.045 108.360 0.056
202106 0.389 108.928 0.481
202109 0.077 110.338 0.094
202112 0.055 112.486 0.066
202203 0.044 114.825 0.052
202206 0.070 118.384 0.080
202209 0.078 122.296 0.086
202212 -0.846 126.365 -0.901
202303 0.027 127.042 0.029
202306 0.033 129.407 0.034
202309 0.078 130.224 0.081
202312 -0.131 131.912 -0.134
202403 0.027 132.205 0.027
202406 0.211 132.716 0.214
202409 0.104 132.304 0.106
202412 -0.023 132.987 -0.023
202503 0.024 132.825 0.024
202506 0.091 133.699 0.092
202509 0.109 133.480 0.110
202512 -0.061 133.390 -0.062
202603 0.078 133.560 0.079
202606 0.104 134.610 0.104

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 196.25 mean?
Telia Company AB (FRA:TLSG) has a Shiller PE Ratio of 196.25 as of Sep. 06, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Telia Company AB and its competitors. This is 923% above median its historical median of 19.19. Over the past decade, Telia Company AB's Shiller PE Ratio has ranged from 9.82 to 258.40. According to the industry distribution chart, Telia Company AB ranks #216 out of 218 companies in the Telecommunication Services industry, placing it in the top 99.1%.
Is Telia Company AB's Shiller PE Ratio too high?
Telia Company AB's current Shiller PE Ratio of 196.25 is 923% above median its 10-year median of 19.19. Over the past 10 years, this metric has ranged from a low of 9.82 to a high of 258.40. The Telecommunication Services industry median Shiller PE Ratio is 17.12. Telia Company AB's value of 196.25 is 1046.7% above this industry median. Based on the distribution chart, Telia Company AB ranks #216 out of 218 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telia Company AB has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Company AB's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #216 out of 218 companies for Shiller PE Ratio. This places Telia Company AB in the lower half of its industry. The industry median Shiller PE Ratio is 17.12. Telia Company AB's value of 196.25 is 1046.7% above this benchmark. Historically, Telia Company AB's own Shiller PE Ratio has ranged from 9.82 to 258.40 over the past decade. While the company's 10-year median is 19.19 vs. the industry median of 17.12, Telia Company AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.12, based on 218 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telia Company AB's current Shiller PE Ratio of 196.25 is 1046.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Telia Company AB and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telia Company AB's current Shiller PE Ratio is 196.25, which is 923% above median its own 10-year median of 19.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telia Company AB stock overvalued right now?
Based on GuruFocus' analysis, Telia Company AB (FRA:TLSG) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.93, compared to a current price of €7.85 — trading 32.4% above its estimated fair value. The current Shiller PE Ratio is 196.25, which is 923% above median its 10-year median of 19.19 and 1046.7% above the Telecommunication Services industry median of 17.12. Telia Company AB's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Telia Company AB (FRA:TLSG), the current Shiller PE Ratio is 196.25 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Telia Company AB (FRA:TLSG) Overvalued in 2026?

Based on GuruFocus' analysis, Telia Company AB stock appears to be overvalued. The current stock price of €7.85 is trading 32.4% above its estimated GF Value™ of €5.93. GuruFocus considers Telia Company AB to be Significantly Overvalued.

Key valuation signals for FRA:TLSG:

  • Shiller PE Ratio: 196.25 (923% above median its 10-year median of 19.19)
  • GF Value™: €5.93 vs. price of €7.85 (32.4% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 1046.7% above the Telecommunication Services median (#216 of 218)

No single metric tells the full story. See the FRA:TLSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telia Company AB Business Description

Address Stjarntorget 1, Solna, SWE, 169 94
Telia is the incumbent telecom operator in Sweden. It also operates in Norway, Finland, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets.
73GF Score

Get the complete analysis for FRA:TLSG

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.85
Price
€5.93
GF Value